Oil India IPO receives good institutional response
September 11, 2009 by admin
Filed under IPO Section
The initial public offer of Oil India (OIL), a government-owned exploration major, that closed on Thursday was oversubscribed 31 times with most of the bids coming in from institutional investors.
Globus Spirits fixes issue price at Rs 100 per share
September 5, 2009 by admin
Filed under IPO Section
Globus Spirits, engaged in the manufacture of Indian made foreign liquor (IMFL) and spirits, has fixed the issue price of its initial public offer (IPO) at Rs 100 a piece. The issue, which closed on September 2, was subscribed 1.5 times on the last day.
Oil India price band fixed at Rs 950- Rs1,050
August 25, 2009 by admin
Filed under IPO Section
The government has fixed the price band for the much hyped initial public offer (IPO) of Oil India at Rs 950-1,050 a share. The price band was fixed by a Group of Ministers headed by Finance Minister Pranab Mukherjee.
Cox & Kings to raise funds through IPO route
August 24, 2009 by admin
Filed under IPO Section
Travel and leisure business major Cox & Kings India is set to tap capital market with an initial public offer of 18,496,640 equity shares of Rs 10 each for cash through the 100% book building route. The company, part of the UK-based Cox & Kings, has filed the draft red herring prospectus (DRHP) with market regulator Securities and Exchange Board of India (SEBI) for the issue.
NHPC IPO price fixed at higher end of the band: Report
August 17, 2009 by admin
Filed under IPO Section
The initial public offer (IPO) of the state-run NHPC is believed to be priced at the higher end of the band i.e. Rs 36 per share, as mentioned in a media report.
NHPC IPO receives overwhelming response from investors
August 13, 2009 by admin
Filed under IPO Section
The initial public offer (IPO) of the government-owned hydropower company, NHPC, was subscribed 23.72 times. The issue, which closed on Wednesday, received bids for 3,979 crore shares against the 168 crore shares on offer, according to the data available on the NSE website.
NHPC IPO subscribed 3.5 times on day one
August 8, 2009 by admin
Filed under IPO Section
The initial public offer (IPO) of NHPC, the government-owned hydropower generating entity, was subscribed 3.54 times on the opening day. The quota reserved for qualified institutional buyers (QIBs) was over-bid by more than six times, while retail investors’ portion was subscribed to only 1%.
NHPC IPO set to hit the market today
August 7, 2009 by admin
Filed under IPO Section
The initial public offering of government-owned NHPC is set to hit the market today. The company is offering for 1,67,73,74,015 equity shares of face value Rs 10 each in a price band of Rs 30 to Rs 36 per share. The 100% book build issue will close on August 12.
Adani Power IPO receives overwhelming response
August 1, 2009 by admin
Filed under IPO Section
The initial public offer (IPO) of Adani Power received an overwhelming response from the market with the issue being subscribed 21.51 times. The issue, which closed on Friday, offered 248.8 million shares.
Price band for NHPC IPO fixed at 30-36
July 30, 2009 by admin
Filed under IPO Section
National Hydroelectric Power Corporation (NHPC), which is set to tap the capital market with its initial public offering (IPO) next month, has fixed the price band for the issue at Rs 30-36. The issue will take the book building route to raise the funds.